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As one of the world’s most influential business hubs, the Middle East requires expert attention. Business Extra provides those experts, as well as news and insights from The National’s esteemed team of business editors and reporters, who are on top of the markets, technology, the energy sector and more.
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Wednesday Aug 18, 2021
Solutions to youth unemployment in the Middle East
Wednesday Aug 18, 2021
Wednesday Aug 18, 2021
The numbers are striking: over the next 20 years, 127 million young people will enter the labour force in the Middle East and North Africa, but face an unemployment rate of 23 per cent. At the same time, nearly 29 million jobs are at risk of being displaced by 2030 because of automation.
In a new report McKinsey lays out solutions to address the issue of youth unemployment in a changing labour market.
Tom Isherwood, a senior partner at the consultancy, joins co-hosts Mustafa Alrawi and Kelsey Warner this week to discuss how to give dignity and purpose to this rising generation.
In this episode:
Overview of recommendations (0m 47s)
Can the region work together? (6m 54s)
Political challenges (9m 25s)
Youth ambition and what the next generation wants (14m 00s)
- Five ways to reverse decades of youth unemployment in the Middle East
- Abu Dhabi's Adio in talks with 'dozens' of companies to set up innovation and R&D centres
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